AIR Worldwide (AIR) today announced that The Navigators Group, Inc., an
international commercial property/casualty specialty insurance holding
company, has selected AIR’s CLASIC/2™ and CATRADER® catastrophe
modeling solutions to manage its global catastrophe risk. The Navigators
Group will leverage AIR’s catastrophe models to assess risk from wind,
flood, and earthquake for their exposures in North America, Latin
America, Europe, and Japan.

“Navigators writes a specialized book of business, and we felt that
AIR’s framework for modeling our insurance and reinsurance business was
a strong fit,” said Ron Nash, group aggregation manager at The
Navigators Group. “We appreciate AIR’s experience and reputation in
catastrophe modeling and feel that they are well positioned to meet our
catastrophe modeling needs around the world.”

AIR’s CLASIC/2 and CATRADER catastrophe risk management solutions are
designed to meet the complex needs of the insurance industry, enabling
companies to assess catastrophe loss potential from the portfolio level
down to the individual location level. AIR’s innovative catastrophe
models are state-of-the-art and incorporate advances in science and
engineering to provide a comprehensive and realistic view of risk.

“AIR offers reliable and market-leading catastrophe models with the
geographic and peril coverage that The Navigators Group requires for
their specialty lines of insurance and reinsurance,” said Bill Churney,
senior vice president at AIR Worldwide. “We’re pleased that The
Navigators Group has selected AIR as a trusted modeling solution, which
is further proof that our models are best-in-class for commercial
exposures.”

About The Navigators Group, Inc.

The Navigators Group, Inc., is an international specialty insurance
holding company with insurance company operations, underwriting
management companies, and operations at Lloyd’s of London. Headquartered
in New York, Navigators has offices in major insurance centers in the
United States, the United Kingdom, and Continental Europe.

About AIR Worldwide

AIR Worldwide (AIR) is the scientific leader and most respected provider
of risk modeling software and consulting services. AIR founded the
catastrophe modeling industry in 1987 and today models the risk from
natural catastrophes and terrorism in more than 90 countries. More than
400 insurance, reinsurance, financial, corporate, and government clients
rely on AIR software and services for catastrophe risk management,
insurance-linked securities, detailed site-specific wind and seismic
engineering analyses, and agricultural risk management. AIR is a member
of the Verisk Insurance Solutions group at Verisk Analytics
(Nasdaq:VRSK) and is headquartered in Boston with additional offices in
North America, Europe, and Asia. For more information, please visit www.air-worldwide.com.

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